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Mitchell G. Patton

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Former FTX CEO Sam Bankman-Fried says he did not “try to commit fraud”

Former FTX CEO Sam Bankman-Fried says he did not “try to commit fraud”

Sam Bankman-Fried, the celebrated crypto entrepreneur whose empire is now facing bankruptcy, said Wednesday in his first public appearance since stepping down as FTX chief executive that he did not "try to commit fraud against anyone."Bankman-Fried, who appeared at the New York Times DealBook summit, insisted on an interview with CNBC host Andrew Ross Sorkin during a video call in which he was "shocked" by the collapse of his company."I was excited about FTX a month ago...I was shocked at what happened," Bankman-Fried said, adding: "I substantially underestimated what the scale of the market crash and the speed of it…
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Mickey Joseph, Nebraska’s interim coach before hiring Matt Rhule, arrested in domestic case

Mickey Joseph, Nebraska’s interim coach before hiring Matt Rhule, arrested in domestic case

Mickey Joseph, who served as Nebraska's interim football coach this season, was arrested Wednesday afternoon on charges of strangulation and third-degree domestic battery, police said.Joseph was taken into custody after officers responded to a domestic disturbance around 2 p.m. local time, the Lincoln Police Department said in a statement on social media.CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COM Interim head coach Mickey Joseph of the Nebraska Cornhuskers walks on the sideline against the Wisconsin Badgers during the second half at Memorial Stadium on November 19, 2022 in Lincoln, Nebraska. (Steven Branscombe/Getty Images)After officers wrapped up their investigation, police said…
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How a rail strike could upend the economy

How a rail strike could upend the economy

WASHINGTON – President Joe Biden, lawmakers and business leaders are warning of an economic crisis if the nation's rail workers go on strike as scheduled next week, a move that would have far-reaching effects on the entire economy.The railway workers will go on strike shortly after midnight on December 9 if an agreement is not reached before then. Biden is urging Congress to intervene. Without congressional intervention and with talks between workers and rail operators seemingly at a standstill, businesses across the economy are preparing for a complete shutdown of freight and passenger rail systems. With a shortage of truckers,…
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GOP senators threaten to delay military vaccine mandate bill

GOP senators threaten to delay military vaccine mandate bill

WASHINGTON – Several Republicans warn they will hold off on Senate consideration of a massive military policy bill unless they win a vote to end a Covid vaccination mandate for service members.At a news conference Wednesday, the group of seven senators said they would withhold support for expedited consideration of the National Defense Authorization Act if Senate leaders do not allow a plenary vote on their proposal.Senator Rand Paul of Kentucky said the group "will not vote to participate in the NDAA, the defense authorization bill, unless we have a vote to end this military vaccination mandate."Paul, who frequently clashed…
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